Euro slips after Trump threatens 30% tariffs on EU

The euro fell to a three-week low early on Monday while the Mexican peso also came under pressure after US President Donald Trump threatened to impose a 30% tariff on imports from two of the largest US trading partners beginning August 1. Trump on Saturday announced the latest tariffs in separate letters to European Commission President Ursula…

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Stats SA data shows uptick in retail sales for April

A person picks out clothing in a store Stats SA data shows that retail trade sales showed a significant improvement in April compared to March 2025. Sales increased by 5.1 % year-on-year in April 2025. The largest positive contributors were general dealers and retailers in textiles, clothing, footwear and leather goods. Seasonally adjusted retail trade…

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SA farmers brace for season of excessive rainfall

Heavy downpours. Farmers in South Africa’s summer rainfall areas are getting ready for another season of above average rainfall. This follows heavy rainfall during the previous season, when many farmers were severely affected in terms of the quality of their grain and livestock diseases. Farmers and other agricultural role players in the North West province…

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